ASK MIKE MONDAYS - Should you do a CRIME STATISTICS REPORT o...

Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles: ASK MIKE MONDAYS - Mik...

Old Capital Podcast Old Capital Podcast | 3 years ago

When you buy a single family house, AND AFTER THE LOAN CLOSES, your lender will not continuously ask for your updated paychecks, bank statements and annual income tax returns. BUT...in apartment transactions…you lender is your single largest partner and needs continuous financial performance information on you and the asset either on a quarterly or annual basis. Updated operating statements, rent rolls, rehab construction updates, immediate health and safety concerns, updated personal financia...

NYC’s construction site inspections, enforcement ‘inadequate’

Construction Dive Construction Dive | 9 months ago

Dive Brief: Nearly 90% of active New York City construction sites visited by the state comptroller's office had safety issues, and the city's Department of Buildings doesn't effectively prioritize which sites get inspected, a new report found. Officials from the New York State Comptroller visited 18 active construction sites last summer and reported 16 of those sites had a total of 77 safety issues, such as: not having a site safety manager, missing or incomplete site safety logs and daily insp...

Construction employees expect larger holiday bonuses despite economic uncertainty

Construction Dive Construction Dive | 5 months ago

As stockings are hung by the chimney with care, workers have high expectations that holiday bonuses will soon be there. The practice of giving bonuses looks a little different today amid soaring inflation and recession concerns. While many companies stick with protocol, and some even provide rewards specifically because of economic conditions, the way companies calculate bonuses is evolving. Analysts say companies across industries are rewarding good employee performance in a tight labor market ...

3 Philadelphia developers 'ready to make a big leap' chosen for grants promoting affordable housing

The Business Journals The Business Journal... | 10 months ago

One of the requirements for applicants was that they commit to building 100 affordable units in the next five years.

ASK MIKE MONDAYS - Michael, you mention that on half of the deals you see, you do a BACK OF THE NAPK...

Old Capital Podcast Old Capital Podcast | 4 years ago

Michael gives a high level breakdown on what you should focus on when presented with a potential real estate opportunity. Do not go into great analysis on every deal…you are just wasting precious time. Listen to what is important on the initial deal review.

White House details how CHIPS money will be spent

Construction Dive Construction Dive | 8 months ago

Dive Brief: The U.S. Department of Commerce released its road map for how it will spend the lion's share of the $52 billion CHIPS Act, outlining its strategy to spur long-term growth in the domestic semiconductor industry by deploying $50 billion via the CHIPS for America fund. The objectives go beyond supporting construction of a few massive semiconductor projects to also focus on the development of regional clusters of manufacturing facilities, suppliers and workforce programs. About $28 ...

Young construction leaders form Future Innovation Group - FMJ

Facilities Management Journal ... Facilities Managemen... | 10 months ago

A new cross-specialism group has been formed to bring together the brightest young minds across construction in order to future-proof the industry. The Future Innovation Group is made of young professionals from different specialisms that are looking to harness the power of collective innovation, with the aim of tackling construction’s biggest issues and creating a springboard for change, with new thinking from the leaders of tomorrow. Led by a steering group of placement students, the initiat...

Five Requirements for Identification of Replacement Property in a 1031 Exchange - Real Estate Invest...

Real Estate Investing Today Real Estate Investin... | 11 months ago

Today’s graphic from Accruit reminds us that the ability to defer taxes through a 1031 like-kind exchange is a valuable taxpayer benefit, but to receive it, the rules pertaining to identification and acquisition of replacement property must be strictly followed. They have outlined the 5 requirements for identificationod replacement property in a 1031 Exchange. Indeed…..Stay safe and have a Happy Friday!!! Hat tip to Accruit.

Discover the operating system we use for our business with Mike Paton, Visionary at EOS Worldwide

Jake and Gino Jake and Gino | 6 years ago

In this episode we are fortunate to have the visionary of EOS Worldwide Mike Paton as our guest. Our team struggled implementing systems in the early days of our business. We were laser focused on results but sometimes came up short with the roadmap aka the process needed for achieving our goals. Mike Paton describes his journey and defines why an operating system is so important to the success of any small business. In this episode you will discover: • Mike's definition of a system • Why ev...

Extension of time EOT in Construction Projects. - ConstructionPlacements

ConstructionPlacements ConstructionPlacemen... | 11 months ago

Last Updated on July 7, 2022 by Admin Construction duration is the amount of time needed to finish a project within the parameters established by the client, according to standard working procedures. However, projects frequently experienced time overruns, necessitating the use of contractual remedies like Extension of Time (EOT). On practically every construction job, delays occur. Time and money are lost by contractors when they wait for project owners or deal with uncontrollable circumstances....